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Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say
Indian banks request RBI subsidy on forex hedging costs to enhance dollar funding, aiming to stabilize the rupee.
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timesofindia.indiatimes.com
RBI steps up dollar sales to $53 billion to defend rupee in FY26
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an…
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economictimes.indiatimes.com
Lenders urge RBI for hedging support framework to revive overseas borrowing
Indian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes make borrowing abroad more expensive…
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Weakening currency: RBI weighs measures including rate hike to stabilise rupee - The Economic Times
The Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential interest rate hike, increased currency…
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thehindubusinessline.com
Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say
Indian banks request RBI subsidy on forex hedging costs to enhance dollar funding, aiming to stabilize the rupee.